between innovation effort (R&D) or innovation output (the share of innovative sales) and the firm's duration of survival. We … seems to be an inverted-U relationship between R&D or innovation output and long-term survival, suggesting that too much R …&D or product innovation can cause firms to die, perhaps because of excessive risk. Survival has a cyclical behaviour, and …

After joining the World Trade Organization (WTO), China witnessed a major inflow of Foreign Direct Investment (FDI …). Many famous automobile firms of developed countries were attracted to invest in China to cooperate with domestic firms … interrelationships between, innovation input and innovation output, and in particular whether FDI had any influence on these two aspects …

within the context of technological innovation. We differentiate among a firm's direct ties, indirect ties and degree of …

This paper proposes a framework to account for innovation similar to the usual accounting framework in production … analysis and a measure of innovativity comparable to that of total factor productivity. This innovation accounting framework is … illustrated using micro-aggregated firm data from the first Community Innovation Surveys (CIS1) for seven European countries …

Using a unique panel data of Dutch innovation and financial variables we empirically investigate how financing and … innovation vary across firm characteristics. The study also tries to gauge the extent of market failure due to the presence of …, debt financing and innovation choices are not independent of firm characteristics such as age, size, and existing leverage …

In this paper we examine the importance of financial and other obstacles to innovation in the Netherlands using … statistical information from the CIS 3.5 innovation survey. We report results on the effect of these obstacles on the firms …